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If other companies and usability of other currencies become more mainstream, then Yes i could see them overtake BTC. As of current, I doubt it will happen. Looking at how investing companies are bringing mainly BTC to wall street. They are not looking at bringing other cryptos and just BTC, the most...

The damage isn't that much to me. The reason is that I focused on Mining instead of trading/buying and holding of BTC. Most of my cost is from electrical cost (and hosting). I found that finding someone to do a miner hosting farm for me, in the long run, is more profitable than trading with the rece...

The hopes should be high. Cryptocurrency is going to become mainstream sooner or later. If you look at the world now, China has adopted Wechat and Alipay and the rest of the world has Apple Pay and Pay pass. People don't carry cash much anymore. Cryptocurrency and BTC are still in its infancy stage ...

Government definitely affects BTC and cryptocurrency. Goverment has the ability to allow trading, holding, exchange and mining of cryptocurrency. Look at Ukraine for example, they are allowing mining without regulations while Countries like China is banning exchanges. If China opens about crypto exc...

Well after the G20 summit, South Korea took a turn on cryptocurrency regulation and started to setup stricter regulations but allow crypto. They started putting up regulatory actions towards having KYC (Know your client) and AML (Anti-money laundering) policies along with companies who register for ...

The main issue is with the instability of cryptocurrency that makes merchants not accept crypto. Lets say you pay for a product worth $500 in crypto but the next day the paid amount is only worth $400, the company would be at a loss. The only way for this to become mainstream is if credit card compa...

When to buy and sell depends on you and your own prediction of the market. If you were able to predict regulator changes such as ones in Canada and South Korea prior to the implementation, you could have made a decent amount flipping it. Likewise, if you could predict hackers hacking crypto wallets,...

The best answer is: No one No one controls an absolute power of BTC (unless somehow they own every coin) and BTC is a decentralized crypto as mentioned by others prior in this post. If you refer to pricing and not control, then it would be everyone. Everyone, because all our actions can affect it. W...

In my own opinion, what is next to come depends on the government and countries. If the government and countries (like South Korea and Canada for example) keep its steady pace to accept crypto and allowing it to become mainstream, it could grow to something bigger then it is now. Other countries are...

Indian isnt the first country to do so though. Canada and South Korea have already taken their stand on the ban / non-supporting attitude towards cryptocurrency. South Korea, for example, use to not regulate cryptocurrency but now they changed to have KYC (Know your clients) and AML (Anti Money Laun...